This week, FBI director Christopher Wray discussed the FBI’s 2023 fiscal budget in a prepared testimony before a congressional committee. The FBI is requesting an additional $106 million to address a wide range of cyber security issues. Wray stated the increased budgets would be used for increasing cyber information sharing, protecting against threats from foreign intelligence services, international and domestic terrorism, and IT upgrades needed to process an increasing amount of data generated as part of the FBI‘s investigative work. Director Wray also addressed ransomware and how it has become one of the biggest threats to organizations within the United States. Ransomware continues to affect all industries including local governments, schools, hospitals, and critical infrastructure. Director Wray noted that the increased budget is required as the network supporting ransomware groups grows and becomes more efficient. The FBI would use more than half of the $100M requested to add more cyber positions, looking to add 38 special agents, 15 intelligence analysts, and 84 professional staff to enhance cyber their overall cyber capability.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is